Brocade Communications Systems, Inc. (NASDAQ:BRCD) moved down -0.08% and closed its last trading session at $12.32. This Computer and Technology Sector stock currently has the Market Capitalization of 5.01 Billion. The Average Volume for the stock is measured as 5.3 Million. The Stock has a 52-Week High of $12.54 and 52-Week Low of $7.6 following the dates, it touched its 52-Week High on Feb 3, 2017 and 52-Week Low on May 20, 2016. Currently, the Return on Assets value for the trailing twelve months is 4.8% with the Return on Equity and Return on Investment of 8.5% and 6.3% respectively. This firm currently has YTD (year to date) performance of -1.36 Percent which is not good. The Short Ratio for the stock is 4.69.
Brocade Communications Systems, Inc. (NASDAQ:BRCD) Price to Earnings (P/E) ratio is 23.6. EPS or Earning per Share stands at $0.52. The TTM operating margin is 13.1 percent.
Brocade Communications Systems, Inc. (NASDAQ:BRCD) reports its Earnings on Tue 3 Jan (44 days ago). The estimated EPS for the current quarter is said to be $0.2. Following Earnings result, share price were UP 14 times out of last 28 Qtrs. The stock has added about 0.1% since it reported its last earnings. The Closing price of Brocade Communications Systems, Inc. (NASDAQ:BRCD) at Last Earnings was $ as compared to the previous closing price of $12.33. The Predicted Move on the 7th day after Brocade Communications Systems, Inc. (NASDAQ:BRCD) will release its earnings at about 7%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Brocade Communications Systems, Inc. (NASDAQ:BRCD) beats earnings by 66%, The Stock Missed Earnings 2 times and has met earnings 2 times.
We will discuss the past Quarters Earnings below:
On 11/21/2016, Analysts were suspecting EPS of $0.22/share where Brocade Communications Systems, Inc. (NASDAQ:BRCD) reported its Actual EPS of $0.22. Thus showing a Surprise of 0 percent. The Closing Price of the stock before earnings was $12.32 while on the Next day the stock closed its trading session at $12.35 with a percentage change of 0.24% from the price of 12.32 before Earnings. The Stock Closing Price on the 7th day of earnings was $12.35.
Brocade Communications Systems, Inc. provides storage area networking (SAN) and Internet protocol (IP) networking solutions for businesses and organizations worldwide. It operates through three segments: SAN Products, IP Networking Products, and Global Services. The SAN Products segment offers infrastructure products and solutions, such as fiber channel SAN backbones, directors, and fabric/embedded switches that assist customers in the development and deployment of storage and server consolidation, disaster recovery, and data security, as well as to meet compliance requirements regarding data management; and FC fabric extension, analytics, switching, and routing solutions. The IP Networking Products segment provides Layer 2 and Layer 3 Ethernet switches and routers to connect users over private and public networks, including local area, metro, and within and across data centers. This segment also provides converged network products; a portfolio of related software and hardware-based data networking offerings; Layer 4-7 products that are designed for application traffic management and server load balancing; and a range of wireless products for the network edge. The Global Services segment offers break/fix maintenance, installation, consulting, network management and software maintenance, and customer support services. The company serves various enterprises and service providers, such as telecommunication firms, cable operators, and mobile carriers. The company markets and sells its products and services to end-user customers directly, as well as through various distribution partners, including original equipment manufacturers, distributors, systems integrators, and value-added resellers. Brocade Communications Systems, Inc. was founded in 1995 and is headquartered in San Jose, California.